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§ 47-1A-825 Committees--Creation--Appointment of members.

SD Codified L § 47-1A-825 (2019) (N/A)
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47-1A-825. Committees--Creation--Appointment of members. Unless this chapter, the articles of incorporation, or the bylaws provide otherwise, a board of directors may create one or more committees and appoint one or more members of the board of directors to serve on any such committee. Unless the provisions of this chapter otherwise provides, the creation of a committee and appointment of members to it must be approved by the greater of a majority of all the directors in office when the action is taken or the number of directors required by the articles of incorporation or bylaws to take action under § 47-1A-824.1.

Sections 47-1A-820 to 47-1A-824.1, inclusive, apply both to committees of the board and to their members.

Source: SL 2005, ch 239, § 153.

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§ 47-1A-825 Committees--Creation--Appointment of members.